Fusion Fuel Green PLC Subsidiary Secures $1.2 Million in UAE Energy Projects

Fusion Fuel Green PLC (NASDAQ: HTOO) announced that its majority-owned subsidiary, Al Shola Al Modea Gas Distribution LLC, has secured AED 4.4 million (approximately $1.2 million USD) in new engineering and utility projects across Dubai. These projects, located in areas such as Dubai Marina, Business Bay, and Satwa, are expected to generate recurring revenue through long-term utility agreements. This development adds to the over $2.7 million in contracts the company disclosed earlier in May, showcasing its growing influence in the energy services sector.

With a customer base now exceeding 12,000 and monthly bulk LPG volumes surpassing 600 metric tons, Al Shola Gas is on track to meet its year-end target of 800 metric tons. The company attributes this growth to the increasing demand for turnkey LPG systems in high-density developments. This recent achievement underscores Fusion Fuel Green's strategic focus on expanding its footprint in cash-generating utility infrastructure, further solidifying its role as an emerging leader in the energy services sector.